Heritage World Coin Auctions
ANA Signature US Coin Sale 1258 2-6 Aug 2017
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Seated Dollars
1846-O $1 MS64 PCGS. OC-1, R.2. Although the New Orleans Mint opened in 1838, no silver dollars were struck at the southern facility until 1846. Only four issues in the Seated dollar series were ever struck at New Orleans: 1846-O, 1850-O, 1859-O, and 1860-O. Of these, the earlier two dates are much more difficult to locate than the later two, particularly in Mint State.
The New Orleans Mint struck 59,000 silver dollars in 1846. The coins circulated heavily in the regional economy, rather than being used for export or being stockpiled in banks and Treasury vaults. There was little interest in branch mint issues before Augustus Heaton published his treatise on mintmarks in 1893, so few examples of the 1846-O were saved by contemporary collectors. As a result, the 1846-O is reasonably available in lower circulated grades but is a prime rarity at the MS64 grade level. Currently, PCGS reports four coins with the in MS64 (one of which is Plus-graded), and none finer, while NGC lists none in MS64 but reports one MS65 coin finer (6/17).
This delightful Choice example has remarkably well-preserved surfaces and vibrant mint luster on both sides. The design elements are well-detailed, with a touch of the expected softness on Liberty's head and the upper stars. The surfaces are blanketed in attractive shades of champagne-gold toning, with occasional accents of amber. Eye appeal is outstanding.
HID02901242017
1846-O $1 MS64 PCGS. OC-1, R.2. Although the New Orleans Mint opened in 1838, no silver dollars were struck at the southern facility until 1846. Only four issues in the Seated dollar series were ever struck at New Orleans: 1846-O, 1850-O, 1859-O, and 1860-O. Of these, the earlier two dates are much more difficult to locate than the later two, particularly in Mint State.
The New Orleans Mint struck 59,000 silver dollars in 1846. The coins circulated heavily in the regional economy, rather than being used for export or being stockpiled in banks and Treasury vaults. There was little interest in branch mint issues before Augustus Heaton published his treatise on mintmarks in 1893, so few examples of the 1846-O were saved by contemporary collectors. As a result, the 1846-O is reasonably available in lower circulated grades but is a prime rarity at the MS64 grade level. Currently, PCGS reports four coins with the in MS64 (one of which is Plus-graded), and none finer, while NGC lists none in MS64 but reports one MS65 coin finer (6/17).
This delightful Choice example has remarkably well-preserved surfaces and vibrant mint luster on both sides. The design elements are well-detailed, with a touch of the expected softness on Liberty's head and the upper stars. The surfaces are blanketed in attractive shades of champagne-gold toning, with occasional accents of amber. Eye appeal is outstanding.
HID02901242017